Pimpri Chinchwad Municipal Corporation to add 1,300 hectares of land
Real Estate

Pimpri Chinchwad Municipal Corporation to add 1,300 hectares of land

The Pimpri Chinchwad Municipal Corporation (PCMC) will get all the land that was leased, encroached upon, and kept for public purposes after the merger of Pimpri Chinchwad New Township Authority (PCNTDA) with the Pune Metropolitan Region Development Authority (PMRDA) and PCMC.

A resolution was issued on June 7 by the state government.

Chief executive officer of PCNTDA, Bansi Gawli, told the media that as per a tentative estimation of the 1,800 hectares under the PCNTDA the PCMC will get a major share of around 1,300 hectares, and PMRDA will get around 350 hectares. More than six months will be needed for its distribution.

The PCMC has already developed the area under its authority but with the merger, it will get hold of undeveloped areas as well. Gawli further added that the PMRDA will get the fixed deposits and other investments, liabilities, and PCNTDA’s office.

Almost 50 permanent staff of the PCNTDA will be transferred to PMRDA.

The PCMC will remain the special planning authority of all PCNTDA areas, which effectively means the building construction permissions and powers for approving the transfer of development rights and floor space index will be with the PCMC.

Image Source


Also read: Noida airport: UP cabinet approves proposal to acquire 1,365 hectare land

The Pimpri Chinchwad Municipal Corporation (PCMC) will get all the land that was leased, encroached upon, and kept for public purposes after the merger of Pimpri Chinchwad New Township Authority (PCNTDA) with the Pune Metropolitan Region Development Authority (PMRDA) and PCMC. A resolution was issued on June 7 by the state government. Chief executive officer of PCNTDA, Bansi Gawli, told the media that as per a tentative estimation of the 1,800 hectares under the PCNTDA the PCMC will get a major share of around 1,300 hectares, and PMRDA will get around 350 hectares. More than six months will be needed for its distribution. The PCMC has already developed the area under its authority but with the merger, it will get hold of undeveloped areas as well. Gawli further added that the PMRDA will get the fixed deposits and other investments, liabilities, and PCNTDA’s office. Almost 50 permanent staff of the PCNTDA will be transferred to PMRDA. The PCMC will remain the special planning authority of all PCNTDA areas, which effectively means the building construction permissions and powers for approving the transfer of development rights and floor space index will be with the PCMC. Image Source Also read: Noida airport: UP cabinet approves proposal to acquire 1,365 hectare land

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App